The figure shows graphs of the total cost function and the

Last updated: 2/2/2023

The figure shows graphs of the total cost function and the total revenue function for a commodity Assume cost and revenue are measured in dollars 500 400 300 200 100 10 20 30 a Label each function correctly function A Select function B Select b Determine the fixed costs c Locate the break even point xn 8 8 40 A B 50 60 Q Determine the number of units sold to break even units d Estimate the marginal cost MC and marginal revenue MR MC MR